The Indian markets advanced for the second consecutive week, with the Sensex up by 1.89% and the Nifty up by 2.44%.
Headlines for the week
Moody's upgrades India's rating to investment grade
Car sales rise 8.5% in December
RBI says no to CRR cut for now
IIP turns positive in November
Food inflation at -2.9 vs -3.36%
Infosys cuts FY12 dollar revenue guidance
HDFC Q3 net profit up by 10%
Morgan Stanley downgrades India's energy sector